Even if a bid does come, I personally can't see a SoA succeeding as it requires 75% minimum acceptance. I know what I will do with my votes (bugger off) even though I do like MIN at sub-60 price range. The only way I can see any bid succeeding at present is an off-market bid which only requires 50.1% minimum acceptance. In that instance, they can't delist STX and I am happy to remain as a minority SH. I personally don't see any party who will be happy to just obtain a 50.1% controlling stake in STX but I could be wrong.
618
WA Govt Gas Policy Report Today, page-6
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Last
23.0¢ |
Change
0.005(2.22%) |
Mkt cap ! $657.9M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $1.949M | 8.657M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 304712 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 1318162 | 24 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| STX (ASX) Chart |